FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 618
Companies: 34 – Players coated embody Autolib; Cambio Carsharing; Car2go NA, LLC; Carrotshare; Cityhop Ltd.; Communauto Inc.; DriveNow GmbH & Co. KG; ekar Carshare; Getaround; GoGet Car Share; Hourcar; Locomute (Pty) Ltd.; Lyft, Inc.; Mobility Cooperative; Modo Co-operative; Orix Corporation; Peg City Car Co-op; Regina Car Share Co-operative; The Hertz Corporation; Turn Inc.; Zipcar, Inc. and Others.
Coverage: All main geographies and key segments
Segments: Application (Business, Private); Model (P2P, Station-Based, Free-Floating)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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ABSTRACT-
Global Carsharing Market to Reach $7 Billion by 2026
Amid the COVID-19 disaster, the world market for Carsharing estimated at US$2.4 Billion in the 12 months 2020, is projected to attain a revised dimension of US$7 Billion by 2026, rising at a CAGR of 19.9% over the evaluation interval. P2P, certainly one of the segments analyzed in the report, is projected to document a 20.8% CAGR and attain US$2.4 Billion by the finish of the evaluation interval. After a radical evaluation of the enterprise implications of the pandemic and its induced financial disaster, progress in the Station-Based section is readjusted to a revised 17.5% CAGR for the subsequent 7-year interval.
The U.S. Market is Estimated at $855.5 Million in 2021, While China is Forecast to Reach $1.2 Billion by 2026
The Carsharing market in the U.S. is estimated at US$855.5 Million in the 12 months 2021. China, the world`s second largest financial system, is forecast to attain a projected market dimension of US$1.2 Billion by the 12 months 2026 trailing a CAGR of 19.1% over the evaluation interval. Among the different noteworthy geographic markets are Japan and Canada, every forecast to develop at 17.9% and 17.1% respectively over the evaluation interval. Within Europe, Germany is forecast to develop at roughly 14.5% CAGR.
Free-Floating Segment to Reach US$2.4 Billion by the 12 months 2026
In the world Free-Floating section, USA, Canada, Japan, China and Europe will drive the 21.9% CAGR estimated for this section. These regional markets accounting for a mixed market dimension of US$567.1 Million in the 12 months 2020 will attain a projected dimension of US$2.3 Billion by the shut of the evaluation interval. China will stay amongst the quickest rising on this cluster of regional markets. More
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